GDXJ VanEck Vectors Junior Gold Miners ETF

𝐏𝐀𝐑𝐓 𝟐 "𝐆𝐮𝐢𝐝𝐢𝐧𝐠 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐜𝐥𝐨𝐮𝐝𝐲 𝐬𝐤𝐢𝐞𝐬 𝐭𝐨𝐰𝐚𝐫𝐝𝐬 𝐭𝐡𝐞 𝐬𝐭𝐚𝐫𝐬." 𝐔.𝐒. 𝐌𝐨𝐧𝐞𝐭𝐚𝐫𝐲 𝐏𝐨𝐥𝐢𝐜𝐲: 𝐓𝐡𝐞 𝐅𝐢𝐠𝐡𝐭 𝐀𝐠𝐚𝐢𝐧𝐬𝐭 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐈𝐭𝐬 𝐑𝐨𝐨𝐭 𝐂𝐚𝐮𝐬𝐞𝐬 Now, let's delve into the genesis of recent inflation in the United States, as it sheds light on how to address it effectively. Lance Roberts succinctly captures the essence: Did businesses cause the recent surge in U.S. inflation? Not according to Milton Friedman, who once remarked that businesses do not cause inflation; it's governments that promote inflation by printing money. A prime example of this is the massive government interventions in 2020 and 2021. These saw a deluge of funds provided to households, resulting in increased demand, which collided with reduced supply due to economic lockdowns during the COVID-19 pandemic. Roberts provides an argumentative framework for this notion: Who had the power to shut down the entire economy and force